Apart from the well-known weaknesses of the standard Malmquist productivity index related to infeasibility and not accounting for slacks, already addressed in the literature, we identify a new and significant drawback of the Malmquist-Luenberger index decomposition that questions its validity as...

Although some recent studies have provided fresh intellectual insights on the role of patent practitioners during the nineteenth century, they have largely overlooked the activity of these actors in international patenting and peripheral countries. This study will fill a gap in the existing...

During the nineteenth century Spain did not import the majority of Cuban tobacco, nor was most of it consumed in Spain. Spain neither consumed nor re-exported Cuban tobacco. Cuban tobacco, due to its high quality, was too expensive to be able to compete with tobacco of lesser quality which was,...

Majority voting is commonly used in aggregating judgments. The literature to date on judgment aggregation (JA) has focused primarily on proposition-wise majority voting (PMV). Given a set of issues on which a group is trying to make collective judgments, PMV aggregates individual judgments issue...

The UN data (1950-2010) and projections (both medium and low-fertility variants for 2015-2040) show that fertility rates are already below replacement level in all continents except Africa. In this paper we develop a simple new approach for population projections based on a Improved Rate...

Panel Data Toolbox is a new package for MATLAB that includes functions to estimate the main econometric methods of panel data analysis. The package includes code for the standard fixed, between and random effects estimation methods, as well as for the existing instrumental panel and new spatial...

The problem to allocate effort to innovation activities is defined and modelled for any single entrepreneur according to its propensity to innovate, which combines pure innovation and rent-seeking strategies. The allocation problem is solved both analytically and via simulation. The individual...

We propose a framework to analyze convergence between regions, incorporating the public sector and technological knowledge spillovers in the context of a Neoclassical Growth Model. Secondly, we apply novel estimation methods pertaining to the spatial econometrics literature introducing a spatial...

Effluent limits are frequently based on a uniform emission standard, which applies to all polluting facilities within a single industry. However, the implementation of many environmental protection laws does not lead to uniform effluent limits due to considerations of local environmental...

La grave crisis económica y financiera que atraviesa España tiene, obviamente, numerosas causas. Una de ellas ha sido el brutal impacto que ha tenido la expansión de la masa monetaria tras la entrada de España en el euro sobre los precios de los activos y la estructura económica del país....